Shardeum Mainnet Goes Live: SHM Airdrop Listing set for May 8

Shardeum Mainnet Launches: SHM Token Listing, Airdrop Details, and Market Outlook

On May 5, 2025, Shardeum, an Ethereum Virtual Machine (EVM)-based Layer 1 blockchain, officially launched its mainnet. This milestone follows an extensive testnet phase that saw participation from over 1.4 million users and more than 171,000 validator nodes, highlighting the project's commitment to scalability and decentralization.

SHM Token Listings on Major Exchanges

Shardeum's native token, SHM, is set to be listed on several prominent cryptocurrency exchanges. Trading for the SHM/USDT pair will commence on May 8, 2025, at 10:00 AM UTC on platforms including MEXC, BitMart, and CoinW.

MEXC has announced a series of promotional events to celebrate the listing, featuring a combined prize pool of 72,000 SHM and 150,000 USDT . These initiatives aim to incentivize user engagement and liquidity for the newly listed token.

Airdrop Distribution Phases

Shardeum has implemented a two-phase airdrop strategy to reward early supporters:

• Phase 1: Participants who registered between March 14 and April 14, 2025, received their SHM tokens during the Token Generation Event (TGE) on May 5, 2025.

• Phase 2: Registrants from April 15 to May 4, 2025, are scheduled to receive their tokens by June 2025

This phased approach ensures a structured distribution, aligning with the project's roadmap and community engagement goals.

Tokenomics and Supply Allocation

Shardeum has adopted a dynamic supply model, initiating with a total supply of 249 million SHM tokens. The allocation is as follows:

• Token Sale: 91.44 million SHM (36.72%) with a 3-month cliff and 2-year daily linear vesting

• Team: 76.2 million SHM (30.6%) under the same vesting schedule

• Foundation: 55.88 million SHM (22.44%) unlocked at TGE

• Ecosystem and Airdrops: 25.48 million SHM (10.23%) also unlocked at TGE .

Post-mainnet, additional SHM tokens will be minted exclusively for node rewards, contingent on network security requirements and staking participation.

Source: whitepaper

Community Engagement and Growth

Shardeum has cultivated a robust community, boasting over 361,000 followers on Twitter, 12,700 YouTube subscribers, and approximately 1.2 million accounts. This active user base underscores the project's emphasis on decentralization and user participation .

Market Outlook and Price Projections

During the token sale, SHM was priced between $0.66 and $0.90, below the reference price of $1.41 . Analysts project that SHM could debut on exchanges at prices ranging from $0.50 to $1.00, with potential for appreciation as the network matures and adoption increases .

Conclusion

The launch of Shardeum's mainnet marks a significant advancement in blockchain technology, addressing the longstanding challenges of scalability, decentralization, and low transaction fees. With strategic tokenomics, a committed community, and upcoming listings on major exchanges, Shardeum is poised to make a notable impact in the cryptocurrency landscape.

Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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